I hate to be the bearer of bad tidings, but a company with a market cap of $170 million has never raised $2 billion dollars from scratch in order to build a project, never in the history of the ASX.
It's simply never been done before, because all financiers refuse to support the numbers, their spreadsheets and financial software packages prohibit it.
Most $5 billion dollar companies can't even raise $2 billion, let alone a $170m market cap company trying to do so.
The only way I can see this project getting completed is via a 50% buy-in JV from a partner with deep pockets, and it's going to be a long game.
Gw
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Last
3.6¢ |
Change
0.003(9.09%) |
Mkt cap ! $90.75M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.3¢ | $67.99K | 1.969M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 938000 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 376028 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 938000 | 0.035 |
3 | 534463 | 0.034 |
13 | 962392 | 0.033 |
20 | 4509513 | 0.032 |
6 | 719143 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 376028 | 5 |
0.037 | 874593 | 7 |
0.038 | 348000 | 2 |
0.039 | 500000 | 1 |
0.040 | 502040 | 3 |
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